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Integrated Decision Support and Optimization ICT Roadmap For Minerals & Energy Resources: Industry Roundtable - 16 Oct 2013 James Balzary.

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Presentation on theme: "Integrated Decision Support and Optimization ICT Roadmap For Minerals & Energy Resources: Industry Roundtable - 16 Oct 2013 James Balzary."— Presentation transcript:

1 Integrated Decision Support and Optimization ICT Roadmap For Minerals & Energy Resources: Industry Roundtable - 16 Oct 2013 James Balzary

2 2 Decision Support Businesses are most interested in two fundamental things: Knowing what is likely to happen in the future (prediction); and Making the best decision right now (optimization). SolveIT Software specialises in innovative software addressing these fundamental needs for enterprise supply chains: Planning & Scheduling Simulation Optimisation Science Predictive modelling; and Execution

3 3 Schneider Electric innovates through its 11 000 technical and R&D engineers located across the world. 3800 Software and Solutions Development Engineers

4 4 Close to customers, R&D teams take into account local specification & preferences. 6 R&D hubs Monterrey Boston Bangalore Shanghai Grenoble Adelaide

5 5 Integrated Supply Chain and Decision Support Platform Material Logistics Processing Plants Finished Product Inventory Warehouse Demand Planning

6 6 The Challenges? Non-standardized processes Lack of visibility/understanding of knock on effect for upstream/downstream activities “Silo” rather than “whole of business” thinking Significant constraints and business rules Dynamic environment with push/pull factors Process and event variability COMPLEXITY

7 Managing the Complexity Science and Optimisation

8 8 SolveIT – Optimisation Techniques Nano Quadrotors Swarm – University of Pennsylvania Evolved Virtual Creatures – Karl Sims ●Genetic Algorithms ●Simulated Annealing ●Hybrid Neural Networks ●Evolutionary Strategies ●Hill-Climbers ●Ant Systems ●Tabu Search ●Evolutionary Programming

9 9 Optimisation Runs The World ●“You might not have heard of the algorithm that runs the world. Few people have, though it can determine much that goes on in our day-to-day- lives … Somewhere, in some server basement right now, it is probably working on some aspect of your life tomorrow, next week, in a year’s time”. ●“Probably tens or hundreds of thousands of calls are made … every minute” New Scientist magazine, 11 August 2012

10 10 The Future of Optimisation

11 Other Industries What can Mining, Oil and gas learn?

12 12 Wine Supply Chain

13 13 Wine Supply Chain Planning: Typical Solution

14 14 From Block to Bottle “Resource to Market” is the new paradigm from a systems point of view.

15 Thankyou


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